Business Savings

*Please refer to the Business Fee Schedule for other fees that may apply to business deposit accounts. All products and fees subject to change without notice.

1Transaction Limitations: In accordance with federal regulations, transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check or similar order to third parties are limited to six per statement cycle.

View Current Rates

Effective Date: Monday, November 19, 2018

Business Savings

Interest Rate

APY

Optimum BenefitsTier III APY1

Optimum BenefitsTier IV APY2

0.05%

0.05%

0.06%

0.10%

APY=Annual Percentage Yield

$10.00 minimum balance to open and earn APYs. Fees may reduce earnings. Variable rate may change.

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

Business Money Market

With the tiered interest rate structure of our Business Money Market account, your reserves can work even harder to grow you business' savings. As your balance grows, the interest rate will increase automatically.

Make transfers or withdrawals in person, online, by mail, or at an ATM1

Business Money Market

*Please refer to the Business Fee Schedule for other fees that may apply to business deposit accounts. All products and fees subject to change without notice.

1Transaction Limitations: In accordance with federal regulations, transfers from a savings account to another account or to third parties by preauthorized, automatic, telephone, or computer transfer or by check or similar order to third parties are limited to six per statement cycle.

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available.

Business Certificate of Deposit (CD)

Safely invest your business' earnings and build your bottomline with a Certificate of Deposit (CD). Select a suitable term length for funds to accrue competitive interest, and never worry about paying a monthly maintenance fee.

Business Certificates of Deposit

*Please refer to the Business Fee Schedule for other fees that may apply to business deposit accounts. All products and fees subject to change without notice.

View Current Rates

Effective Date: Monday, November 19, 2018

Business Certificates of Deposit

Term

Minimum Daily Balance to open & earn APY

Interest Rate

APY

Optimum Benefits Tier III APY1

Optimum Benefits Tier IV APY2

3 months

$1,000

0.05%

0.05%

0.06%

0.10%

6 months

$1,000

0.26%

0.26%

0.27%

0.31%

9 months

$1,000

0.40%

0.40%

0.41%

0.45%

12 months

$1,000

0.55%

0.55%

0.56%

0.60%

15 months

$1,000

0.60%

0.60%

0.61%

0.65%

18 months

$1,000

0.65%

0.65%

0.66%

0.70%

24 months

$1,000

0.70%

0.70%

0.71%

0.75%

30 months

$1,000

0.80%

0.80%

0.81%

0.85%

36 months

$1,000

0.85%

0.85%

0.86%

0.90%

48 months

$1,000

1.14%

1.15%

1.16%

1.20%

60 months

$1,000

1.15%

1.16%

1.17%

1.21%

APY=Annual Percentage Yield

Penalties may be imposed on early withdrawals. Fees may reduce earnings. Rates are subject to change without notice. Minimum balance required to open and earn Annual Percentage Yield (APY).

1 Maintain a minimum average monthly checking balance of $15,000 or a minimum average monthly combined balance of $25,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.01% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available. Not available on the promotional 9 month CD.

2 Maintain a minimum average monthly checking balance of $50,000 or a minimum average monthly combined balance of $100,000 in StonehamBank checking, savings, money market, IRA, and CD accounts to earn +0.05% APY bonus. Please refer to our Optimum Benefits chart for more information and other bonus rates available. Not available on the promotional 9 month CD.